Anatoly Filatov, the CEO of Norilsk Nickel, is fired for poor management by Russian presidential decree. Alexander Khloponin, a finance expert and the President of MFK Bank, steps in as the new CEO. He appoints Johnson Khagazheev, an expert in industrial production, as his first deputy and head of Norilsk Combine, which at this point includes all of Norilsk Nickel’s assets in the Norilsk industrial area.

When the Interros management teams takes over, Norilsk Nickel is more than $4 bln in debt and four months behind on salary payments. Annual losses amount to $800 mln.

The Interros restructuring program for Norilsk Nickel is based on an integrated development strategy to revive production and return the Norilsk industrial area to normal functioning.

transferred from Interros to Norilsk Nickel to explore the Pelyatkin deposit

In August, Interros acquires the government’s stake in Norilsk Nickel MMC at an investment tender. The winning bidder has to pay more than $270 mln for a 38% stake in the company, 80% more than the starting bid. In line with the commercial terms of the investment tender, Interros transfers $300 mln to Norilsk Nickel MMC in order to develop the Pelyatkin gas condensate deposits. An additional 400 bln rub is allocated for the social infrastructure of the Norilsk industrial area, with its population of 300,000, and for the plant’s debt payment to the Russian State Pension Fund. Interros also pays the salary arrears.

RAO Norilsk Nickel has been current on federal taxes and benefits payments since 1997.

RAO Norilsk Nickel and Norilsk Mining Company Subsidiary sign a $6 mln contract with the Sumitomo Corporation of Japan, which will supply trunk pipelines to build the first gas pipeline from the Pelyatkin gas condensate deposit area.

The Board of RAO Norilsk Nickel approves the Company Development Framework through 2010, which will allow Norilsk Nickel to remain a global leader on the non-ferrous and precious metals market. The company plans to invest between $3 and $5 bln in production development.

Murmansk Aviation Company acquires OJSC Murmansk Airlines for $5.1 mln for the benefit of RAO Norilsk Nickel. Murmansk Airlines acquisition allows Norilsk Nickel to streamline transportation costs for the employees of the plant’s subsidiaries on the Kola Peninsula.

The Expert RA rating agency ranks Norilsk Nickel as the second most profitable company in Russia in 1999. (OJSC Gazprom is ranked first).

Restructuring helps to increase the company’s efficiency and investment attractiveness. Norilsk Mining Company is now the focus of capitalization; in February 2001 it is renamed Norilsk Nickel Mining and Metals Company.

Alexander Khloponin wins the gubernatorial elections in the Taymyr (Dolgano-Nenetsk) Autonomous District. Johnson Khagazheev becomes Norilsk Nickel MMC’s CEO, soon to be replaced by Mikhail Prokhorov, who will head the company until 2007.

Norilsk Nickel announces its plans to create Polyus Gold, a large gold-producing company comprising Polyus and its subsidiaries (i.e., the Polyus Group) plus a 20% stake in Gold Fields Ltd of South Africa.

Norilsk Nickel is ranked third in the Environmental Responsibility of Large Industrial Companies Index put together by the Independent Social Environmental Initiative, a cross-regional grassroots organization, and the Interfax news agency.

Norilsk Nickel ‘s annual report wins in the Information Density category of the 2004 Best Annual Report Contest organized by the Expert RA rating agency with the support of PricewaterhouseCoopers. Norilsk Nickel Corporate Social Responsibility Report wins first prize in the Best Social Responsibility Report category.

Norilsk Nickel and Rio Tinto announce a joint venture in Russia to explore and develop mineral deposits. Norilsk Nickel and BHP Billiton are also beginning to collaborate in geological prospecting and mineral deposit exploration in Russia.

Norilsk Nickel reorganizes its research and development assets by merging them with the Hypronickel Research and Design Institute in Saint-Petersburg and by opening branches in Norilsk and Monchegorsk.

The company acquires a stake in the OGK-3 wholesale generating company. Norilsk Nickel begins to develop an ambitious plan to create the largest private energy holding in Russia. The holding is to include the already-acquired and soon-to-be-acquired energy assets.

Rostekhnadzor (the Federal Service for Environmental, Technological, and Nuclear Supervision) and Norilsk Nickel sign a Memorandum of Cooperation in industrial safety and protection of the subsoil and the environment.

Norilsk Nickel is named the best public company in the metals and mining industry in Russia. It receives the first ever Focus Russia 2007 prize awarded by the Thomson Extel Survey.

of Norilsk Nickel MMC shares sold by Mikhail Prohorov to Oleg Deripaska

Early in the year, as Vladimir Potanin and Mikhail Prokhorov divide up their business assets, Interros keeps a 27% stake in Norilsk Nickel. Mikhail Prokhorov later sells a similar stake to Oleg Deripaska’s Rusal United Company. The arrival of the new shareholder almost immediately leads to a dispute that is eventually resolved in 2012 through a shareholder agreement.

Vladimir Strzhalovsky steps in as the new Norilsk Nickel MMC CEO in August.

The first fundamental and applied research conference New Approaches to Finding Solutions to Environmental Problems of Industrial Companies takes place in Monchegorsk in May. The Greens Russian environmental movement helps put on the conference.

Nadezhdinsk Metal Works celebrates 30 years in October.

Norilsk Nickel receives an award for quality from the government of the Russian Federation and wins in the Foreign Trade Leader category at the Customs Olympus 2009 nationwide competition sponsored by the Federal Customs Service.

for the annual report at the Sochi 2010 Forum in the Industry Category

Norilsk Nickel celebrates its 75th anniversary. It was in 1935 that the Council of People’s Commissioners of the USSR adopted the resolution to build the Norilsk Industrial Complex.

Norilsk Nickel’s 6th regional corporate forum commemorates the anniversary. Over 500 people celebrate – representatives from different employee groups and company management. Russian President Dmitry Medvedev and Chairman of the Government Vladimir Putin congratulate Norilsk Nickel on its 75th anniversary.

length of Enisey tanker built at the Wismar shipyard for Norilsk Nickel, MMC

Norilsk Nickel adopts the Industrial and Technological Development Strategy through 2025. Under this plan, by 2025 the company will become one of the five largest mining companies in the world in terms of capitalization and through a significant increase in available mineral resources and in production at plants in Russia and abroad.

In 2013, Vladimir Potanin and his team change the Norilsk Nickel management structure. This new development strategy is adopted at a Board meeting. The goal of the strategy is to maintain company stability in less-than-ideal market conditions.

Norilsk Nickel pins its hopes on the first-rate high-return assets of the company’s Zapolyarny branch and Kola MMC.

Norilsk Nickel suggests creating a Rapid Development Territory in Taymyr as a step towards developing the Arctic, opening up opportunities offshore and exploiting the Northern Sea Route. It is estimated that the Taymyr extraction and industrial cluster can contribute up to $300 billion to the country’s GDP by 2030. Larger tax payments would increase regional budget revenue by 33%, to $1.4 billion.

Severonickel Plant of Kola MMC, a Norilsk Nickel MMC subsidiary, celebrates its 75th anniversary. The plant produced its first ton of nickel on February 23, 1939.

Norilsk Nickel has launched pilot operations at its Arctic based Talnakh concentrator plant as part of a first stage upgrade to improve productivity.
The government of the Russian Federation has granted a mining license for Maslovskoye platinum copper nickel deposit, located in the north of the Krasnoyarsk Territory to MMC Norilsk Nickel.
In Spring, Norilsk Nickel held an Investor’s Day in London, presenting a comprehensive strategic update with a focus on new production plan, progress on major investment projects, operating and financial performance as well as latest views on metal markets.
In 2015 CAPEX was set at RUR 105 bln. Norilsk Nickel unveils plans to channel up to RUR 800 bln in modernization in forthcoming years, with RUR300 bln invested in ecological improvement projects.
Norilsk Nickel was granted first place in Russian Major Companies Corporate Transparency Rating 2015. The Company’s Annual and Corporate reports for Y2014 were among winners of the XVIII Annual Corporate Report’s contest. Norilsk Nickel’s charity program «World of New Opportunities» entered top-30 Best Social Projects in Russia rating.

February: Norilsk Nickel announces the founding of a palladium fund to work with large metal stockpile holders.

Also in February, the company announces that it will sign on as a general partner of the XXIX Winter Universiade in Krasnoyarsk, to be held in 2019, and will contribute more than 1 billion rubles to the games.

November: Norilsk Nickel joins the UN Global Compact, the UN’s largest initiative for corporate social responsibility and sustainable development.

December: Norilsk Nickel’s operational reorganization results in Kola MMC’s Monchegorsk industrial facility becoming the largest nickel refining plant in the world. Aggregate nickel and copper production has increased by 50%.

MMC’s World of New Opportunities Program takes first prize as the Best Program Promoting Philanthropy in Society, part of the 9th Annual Corporate Philanthropy Leaders Project.

Norilsk Nickel’s $1.2 billion investment into its flagship initiative to bring the Bystrinsky deposits in the Zabaykalsky Krai into production wins the Investment Project of the Year award at the Russian Mining Award competition.

Norilsk Nickel received an award from the Ministry of Natural Resources and Environment for proactive environmental policy, and was rated by the WWF as one of Russia’s top environmentally responsible mining companies.

Norilsk Nickel celebrated the Year of the Environment with three separate projects: it launched the Sulphur Project at the Zapolyarny branch; brought on line a unit to produce sulfite-bisulfite solution; and rebuilt the flue gas removal equipment at Kola MMC.

In May, Norilsk Nickel worked with the Vladimir Potanin Foundation to create the Norilsk Development Agency. The Agency provides support to projects that aim to make a qualitative difference in the urban environment, to foster conditions favorable for entrepreneurship, including small and medium sized business, to improve the city’s service infrastructure, and to promote job creation.

Upgrade works at the Talnakh Enrichment Plant were finished in June, increasing production capacity by 30%, from 7.6 to 10.2 mln tons of ore per year.

A 956 kilometer long fiber optic line from Novy Urengoy to Norilsk began operating in September. The line’s transfer rate is 40 Gbit per second. The project cost 2.5 bln rubles.

Commissioning and load testing started at the Bystrinsky Enrichment Plant in October. Once it reaches its full design capacity at the end of 2019, the Bystrinksy Enrichment Plant will become Norilsk Nickel’s third largest production asset.

The first equipment system for innovative nickel production came on line at Kola MMC in December. Not smelting nickel anodes increases production efficiency and product quality, while lowering the impact on the environment.

Brand Finance, a consulting company, published a global rating of mining companies’ brands. Norilsk Nickel, the only Russian company on the list, had its brand valued at 675 million dollars.

Norilsk Nickel is entering a new stage in business development. Under Vladimir Potanin’s operational management, Norilsk Nickel aims to maximize efficiency. With this goal in mind, Norilsk Nickel MMC is making changes to its ambitious investment program through 2025. In 2013 investment decreased by $200 mln compared to 2012, a record year, and amounted to 75.4 bln rub or $2.5 bln. Cost-cutting operations enabled this reduction, while maintaining project funding in full. All programs became more targeted and efficient, and thus less expensive.

Vladimir Potanin informed President Vladimir Putin about Norilsk Nickel’s 2016 performance and the company’s current operations.
Norilsk Nickel embarked on a long-term development program that will last through 2023. Once implemented, it will lead to a 50 percent increase in the production of ore, and will almost double company's enrichment volumes. By 2023 Norilsk Nickel plans to reduce air pollutant emissions by 75 percent. Norilsk Nickel will create three thousand additional jobs to make sure that the upgrades do not lead to social tensions. That will require approximately 1 trillion rubles of investments, 250 billion of which will go towards environmental protection programs.

The Visitor Center of the Pasvik State Nature Reserve, Murmansk District, has opened its doors. The project, financed by Norilsk Nickel, took several years to complete. The investment totaled 77.5 million rubles

PJSC MMC Norilsk Nickel, the world’s largest producer of refined nickel and palladium, announces preliminary consolidated production results for the fourth quarter and full year of 2016 as well as its production outlook for full year 2017.